Wall Street analysts are lowering their performance forecasts for Coinbase and other cryptocurrency companies as trading volumes and token prices have fallen to their lowest levels since the end of 2023. Barclays has downgraded Coinbase's credit rating and predicts a significant decline in its profits; meanwhile, Oppenheimer, although somewhat optimistic, has also reduced its estimates for trading volume and revenue. Despite strong growth in emerging business areas such as stablecoins, derivatives, and real-world assets (RWA), these cannot currently offset the downturn in core trading operations. This has forced analysts to reassess and adjust their expectations ahead of the upcoming earnings report.